Although it may seem early but it is never too early to start thinking about taxes! We will be sending out a more formal email in early February, but want to let all clients know that we are once again offering our popular tax preparation services for the 2021 tax year.

Many consider diversification to be holding smaller positions in a number of companies that you expect to perform well in the long term. While this is true, many investors trap themselves into exclusively investing within their home country, and many living in North America rarely venture outside Canada and the United States.

With the financial demands of school loans, living expenses, and finding a career path, many young people struggle to purchase their first home. Often, parents and grandparents are very sympathetic. They’ve enjoyed the financial benefits of long-term homeownership themselves and see how hard it is today to make that important first step into the real estate market.

The 2021 Financial Stress Index shows that 38% of Canadians said money was their biggest concern, outranking personal health (26%), work (20%), and relationships (15%). More than 51% said they lost sleep over money concerns and 31% say it led to health problems, a significant increase from 18% in 2020.

Over the last twelve months, increasing inquiries pertaining to principal residences have been received here at the office.

During my morning runs this summer, I was able to take advantage of this time to enjoy the audiobook The Psychology of Money by Morgan Housel.

Preparation and planning are best done in advance of rough seas and that sinking feeling. How does that apply to your investments?

As well as being a hit song for the Clash, this is a dilemma that many employees may find themselves in when leaving an employer or retiring. If they are part of a company pension plan, they may have to make some very important decisions. Two potential options, are leaving…

When selecting an investment for a portfolio, the options available are vast, diverse, and seemingly endless.

Our thanks to those who nominated us, Wealth Professional and CMI Mortgage Investments who sponsored the panel
discussion and the award itself.

The intended purpose of Quantitative Easing (QE) is to help fight deflation, spur lending and spur investment and economic growth.